埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 2738|回复: 0

[其他] Interesting article about Oil

[复制链接]
鲜花(0) 鸡蛋(0)
发表于 2009-1-13 18:58 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
--------------------------------------------------------------------------------4 w0 R( t, r& I
Below is an Interesting article I found, which says that.....Do not + t9 F6 B  w  Z$ X7 I  }9 K( Q- o
expect much from Crude Oil producers and future is not with the / w) u5 q, k9 F/ F$ r
companies producing Jet fuels but Biofuels. Also no wonder if some of
2 P8 O6 \+ v% d: o7 L: n  r  x& tthese oil producer will go bankrupt or out of the business even if
) J2 x8 A' [% E" O( V' |crude prices improves. This implies also to good names such as Shell,
7 M( S. _/ C6 I- U4 e! rEXXON, BG, BP, Cheveron ....xyz.. oils
& |0 N1 g7 `; j2 T" D/ L
6 y; n; R' M' M. K8 nRecently OPEC reduced crude oil production twice over just a few
5 ?  b9 z$ R& tmonths. There are three wars going on in Gaza, Iraq and Afghandistan. & e. l4 S( A$ V- R, G
A year ago these things would have spiked the price of crude oil by at
; k" H7 z8 {( p1 b5 D* b# Cleast $50.00 per barrel. Today, oil price declined by a record amount.
" F6 ^$ v5 V0 r' M7 O2 I7 W: E' D  g3 `2 [

) ]; n: R4 W- T6 c$ U9 y" ^There are several reasons the price of oil is decreasing in the face
' L, E0 s" z5 u/ {5 [& e1 Wof so much news. These reasons are: 9 \$ O' j3 c' X: n( b2 K3 ~  Y

2 G& K: \7 F9 ?2 n0 o- B% T) K' S& X+ C  F) p5 g" K; Z- L
1. New oil has been found in Canada, Montana, North & South Dakota and & @5 j; k; t/ j9 i4 C# W! y; P% `  B, V
in the ocean near Brazil. Each of these oil fields has more oil than : N; ^/ A( O2 j) _2 H" T! C, j& K4 h
Arabia.
, x" \7 z0 z4 V! _. G5 f' k1 ~; z
+ ]2 V4 D. U2 P  j9 X+ `
* ~0 W  n7 [6 R+ j3 {$ z+ c# r2. New natural gas has been found in Pennsylvania and West Virginia.
. s7 P3 X! s# bThis is the largest find in North America.
6 Y6 i/ Q1 `- e( l$ X- A
1 d" ]9 k6 i6 O/ i9 W: S
+ `2 t( S- y/ n, s6 [& O0 h3. New methods of injecting CO2 and surfactants into oil wells is
9 o6 t, {0 V; B& z  B- x4 r0 w& L" qbeing used to double their output. 6 s3 n2 C/ U  ^" I
: I+ y# |5 j! a8 _8 J
" H$ a5 B! I3 [9 y0 r7 M& U# B3 m' P
4. Production of bio-fuels is beginning to reach critical mass. Bio ' _, O# l8 X: K- b; z( }; C
fuel is being produced from many plants and algae. The production
% A: \$ m/ p& d/ r0 U3 I6 Q# xpotential per acre in some cases is astounding. Many countries are / [# u/ |. W6 @% `2 n
racing to produce bio fuels. " }' E* F; L9 A2 i" a

  ^2 M: B  v% @5 d' T8 R; I, j$ y; K# K9 h! Y
5. Virtually every restaurant in the US and all food processing plants
6 t: ^+ \* ^# w, k7 o9 L% oare now selling their used oil to bio-diesel producers. Every pork, % X3 |% g& i! V! J+ Y# E
cattle, turkey and chicken processing plant will soon sell their fat $ g7 R! ]7 Y) {  B4 _% N) K  ?" x" q
to bio-diesel producers. One pork processing plant in Oklahoma is
" b& P$ W' z- qproducing 30,000 gallons of bio-diesel per day from pork fat. ; o& g, x1 P  s9 G" M

$ }% ~/ f# A' X5 |# c9 j8 g, S( Q# n, q7 m8 s2 o5 j
6. There are 99 nuclear reactors in various stages of planning and * m7 r9 P/ G+ X' Q. a, k1 D6 I8 t
construction around the world at this time. Several hundred more are " x+ [. W2 R9 v9 }
expected to be built in the future. Much of the energy they produce
) j7 g1 {' S7 Z: y, vwill replace oil. : l0 [* Y1 @' T$ H+ i9 t
) Y6 F( ]' M) q; T3 @
+ j0 G: J+ k8 A) L% F
7. Every company in any form of transportaion business is replacing 6 O. ^& ~4 C+ C% A  S) Y% r
older equipment such as trucks, airplanes, train engines, ships, etc.
" y/ W  z4 j9 ^. E  O4 k# I! q+ `. _# swith new more fuel efficient equipment. Airlines and railway companies
, y8 k( |$ Q. \$ Iare experiencing 20% to 25% better fuel econony with the new . m4 q' Z6 ^, F5 p+ q( V  A3 @' |
equipment.
! t. N6 g# d9 L$ n
3 \; O4 b6 [: u5 r, k. E+ a1 B7 S1 l  t; X. z0 Z2 a& N: I0 S% \
Airlines are flying airplanes with bio-fuel. They are finding the bio- , c1 C3 r5 Y+ v) {3 p
fuel is cleaner and performs better than jet fuel. 8 I6 F9 G0 {4 h0 w

: l) t6 u5 i/ m- I1 M5 q; V
& V# ]' s( N( s1 U  h  T+ s8. Cities and counties throughout the US are selling the rights to 7 `* @- }0 ]7 R/ k1 a8 y5 S/ r0 s
capture methane gas from landfills. This is a huge source of gas
  K' t! _& f( k0 `: v  M# Mavailable at very little cost or risk. The gas is displacing crude   Z4 y$ y# q- [6 j* _
oil. 6 E6 {  K2 s' h

# B& S3 D( H: }# t4 K
0 i" f* q+ |) b3 i/ ^9. Coal is being transformed into a clean burning liquid fuel. The CO2
# x  y3 K1 J5 i$ z5 R6 mproduced as a byproduct is sold to oil companies for injection into
1 l) ?! c, f- ~8 a/ y4 S3 ?oil wells.
0 M( R+ L2 Z4 H) j# S8 e# ?
. N! R6 f# z8 a# I' F- k* G. b3 v8 w3 d) i! @! x# [
10. Solar, wind and ocean energy is displacing oil as an energy : e7 I5 X' S; Y3 c) z0 ?4 ~5 e) w" F
source. Three new wind turbines are being erected every day in the US. 4 Y* }4 ^! `5 q! _7 E  n

  {6 |: H. S1 ]* M' r! |& P- Q7 p0 p! P/ F* @1 q. B( [5 l
Each of the above by itself will not make a large difference in the 1 b3 S! J( x. i: t. s; Q' Q
price of crude oil but the sum of all of them together is world 7 ]3 _! g- O3 f" F* E
changing. The important thing is that OPEC no longer has the ability
" B) G# k, C2 h8 q' G& sto control oil prices.
' ~* k# e* U. Y# q, @% ?8 l" z  g
( b2 ?+ c0 r9 o" a' I
With the above scenario, I still believe that there are under
. @% v7 D% b: Q: e, z8 [/ eperformed OIL companies and probably they are yet to get the justified
( A$ L3 d2 {& W: n6 |& D/ _value ..... / v- }9 a' T% n
IAE- Ithaca , EPL Energy Partners Ltd, Opti etc ...
' m0 A& O& v3 S( ?% e8 [4 X2 y* X4 C9 p3 P5 t

2 ~. t0 Y3 D' }' F1 CThe above articles are from WSJ .............PUBLISHED ON 9TH JAN
$ w# a5 {7 W& S5 ~" m1 n1 w2009 ... FYI-Only
您需要登录后才可以回帖 登录 | 注册

本版积分规则

联系我们|小黑屋|手机版|Archiver|埃德蒙顿中文网

GMT-7, 2026-7-31 00:03 , Processed in 0.464374 second(s), 11 queries , Gzip On, APC On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表